They can make it temporary and based on economic and oil price (the latter would need to be wholesale refined oil price) conditions. I think we’re looking at a good year or so of low oil prices now a… (View Post)

If we’d stayed in the EU and joined the Euro we would be enjoying ECB gilt yields of around 3.5% and the government could sell paper to its heart’s content. The French bond yield has fallen by 0.3% t… (View Post)

I filled up the car this morning. Diesel 135.9p, petrol 129.9p. Ridiculously and criminally cheap. Across in France it’s about 165-169 cents. A 10p hike in fuel duty would raise around 12 billion per… (View Post)

That’s been the case across the West for a few years, and it’s dangerous (not in Australia, but certainly in the US and Europe). Populations that are generally comfortable, but aware of a slow loss o… (View Post)

So we should bump em off, just in case? (View Post)